Nova LifeStyle, Inc. (NVFY)

Nova LifeStyle Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11.59	11.09	12.74	12.56	11.35	21.98
Revenue Growth (YoY)	5.80%	-13.00%	1.50%	10.63%	-48.37%	-72.92%
Cost of Revenue	7.06	6.91	20.53	7.03	31.24	20.69
Gross Profit	4.53	4.17	-7.78	5.52	-19.89	1.29
Selling, General & Admin	7.38	7.47	8.43	9.38	6.41	7.09
Research & Development	3.87	3.12	0.01	0	0	0
Operating Expenses	11.25	10.59	8.44	9.38	6.41	7.09
Operating Income	-6.72	-6.42	-16.22	-3.86	-26.3	-5.8
Interest Expense / Income	0.19	0.18	0.21	0.33	0.15	0.15
Other Expense / Income	-0.05	-0.05	0.97	16.02	-0.53	2.4
Pretax Income	-6.87	-6.55	-17.4	-20.22	-25.93	-8.35
Income Tax	0.73	0.73	0	0.16	-0.65	0.25
Net Income	-7.6	-7.28	-17.41	-20.38	-25.28	-8.6
Shares Outstanding (Basic)	2	2	1	1	1	1
Shares Outstanding (Diluted)	2	2	1	1	1	1
Shares Change	55.96%	12.31%	13.66%	6.20%	1.31%	-0.98%
EPS (Basic)	-4.76	-4.96	-12.34	-16.35	-22.70	-7.60
EPS (Diluted)	-4.76	-4.96	-12.34	-16.35	-22.70	-7.60
Free Cash Flow	-1.05	-1.56	-5.38	-4.89	-2.44	14.86
Free Cash Flow Per Share	-0.47	-1.00	-3.88	-4.01	-2.13	13.11
Gross Margin	39.07%	37.64%	-61.06%	43.98%	-175.26%	5.88%
Operating Margin	-58.01%	-57.89%	-127.29%	-30.75%	-231.76%	-26.37%
Profit Margin	-65.56%	-65.65%	-136.57%	-162.30%	-222.73%	-39.12%
Free Cash Flow Margin	-9.07%	-14.08%	-42.18%	-38.97%	-21.50%	67.59%
EBITDA	-5.89	-5.57	-16.62	-19.04	-25.03	-7.69
EBITDA Margin	-50.85%	-50.22%	-130.40%	-151.62%	-220.52%	-34.96%
Depreciation & Amortization	0.78	0.8	0.57	0.85	0.75	0.51
EBIT	-6.68	-6.37	-17.19	-19.88	-25.78	-8.2
EBIT Margin	-57.61%	-57.47%	-134.89%	-158.36%	-227.10%	-37.29%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).